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Supermarket chain pursuing baby formula from Germany to stock shelves
Stew Leonard’s buys $100K worth of baby formula from Germany
Stew Lenoard’s president and CEO Stew Leonard discusses his company’s efforts to sell baby formula in its stores for the first time amid the nationwide shortage.
In an effort to alleviate the nationwide baby formula shortage, one grocery chain is going the extra mile to carry the essential item in its stores for the first time ever.
"I'm doing this for two reasons: One for our customers, one for my daughter, too," Stew Leonard’s president and CEO Stew Leonard told FOX Business’ Maria Bartiromo on Friday. "My daughter is pregnant with her third child, so she's going to need baby formula in about a month."
"We hooked up a supplier in Germany," Leonard continued. "We're all ready to go, we're waiting for Biden to give the nod and FDA approval."
On "Mornings with Maria," the grocery store CEO announced his namesake chain committed to purchasing $100,000 worth of baby formula from Germany to distribute across its seven locations in New York, New Jersey and Connecticut.
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"The 747 will be packed along the belly," Leonard said while also noting the priority airfare shipment is "going to cost us a little more."